Feng Chencheng, fund manager of Huabao Hong Kong Stock Internet ETF, believes that there is room for improvement in risk appetite in the short-term Hong Kong stock market. Foreign investors are still not fully aware of the rapid penetration of AI into the Chinese physical industry. In the past, big models wanted to use functions such as navigation, hotel reservations, etc., and programmers had to write code and connect them one by one. Now, through decoupling of the host, server, and client, the cost of repeated development is greatly reduced, and a mesh application ecosystem is formed to accelerate the last kilometer connection of the AI application explosion. The improvement in the interconnection capabilities of various AI tools objectively helps Internet giants that previously established product line cluster advantages in the mobile Internet era to further use their entry advantages, while broadening usage scenarios for end-side applications and speeding up development and implementation.

Feng Chencheng, fund manager of Huabao Hong Kong Stock Internet ETF, believes that there is room for improvement in risk appetite in the short-term Hong Kong stock market. Foreign investors are still not fully aware of the rapid penetration of AI into the Chinese physical industry. In the past, big models wanted to use functions such as navigation, hotel reservations, etc., and programmers had to write code and connect them one by one. Now, through decoupling of the host, server, and client, the cost of repeated development is greatly reduced, and a mesh application ecosystem is formed to accelerate the last kilometer connection of the AI application explosion. The improvement in the interconnection capabilities of various AI tools objectively helps Internet giants that previously established product line cluster advantages in the mobile Internet era to further use their entry advantages, while broadening usage scenarios for end-side applications and speeding up development and implementation.